#WYSTStablecoin #WYSTStablecoin After the recent leveraged trading incident worth 6 million USD, which led to the delisting of the JELLYJELLY token on the Hyperliquid platform, the Binance Futures platform has now listed the perpetual contract for JELLYJELLYUSDT, offering leverage of up to 50 times.
💬 What is your strategy for trading JELLY JELLY?
Wyoming is set to become the first U.S. state to launch its stablecoin backed by traditional currencies, announcing plans to launch the $WYST token by July 2025. The $WYST token, fully backed by the U.S. dollar and short-term Treasury bonds, aims to provide a blockchain-based payment option issued by the state while maintaining price stability and regulatory clarity. This move represents a bold step in adopting and innovating cryptocurrencies at the state level and could set a precedent for other states to follow. 💬 What do you think about states issuing their own stablecoins?
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